john, your thoughts? >> reporter: well, as we discussed before the president came in, he was piggybacking on the suggestion that a longer-term fix to the deficit. when he said absolutely, as he did, that i'm not going to play that game. that suggests he's holding in reserve the option that have discussed in 2011, the president said orb concluded he didn't think he had the legal authority to do it. and risk a court fight. it sounds to me like the president is suggesting that would be preferable to going through the same sort of turmoil we went through in 2011, but here again you have the president trying to marshal the political capital, campaign on a pledge to seek higher rates as a partial solution to our long-term fiscal challenges, trying to mobilize business support with the idea that the support of business leaders like the brt would get to republicans in congress who were simultaneously as you know, having their own conversation where eric cantor was talking about the president's obsession with high